Net Worth Ranker
What Is Allan Houston Net Worth’ Net Worth?
As of 2024, Allan Houston’s net worth is estimated to be $55 million. This substantial wealth is primarily derived from his successful 12-year NBA career, augmented by various business ventures and endorsement deals. Houston’s financial achievements reflect not only his on-court prowess but also his strategic moves in business and philanthropy.
Allan Houston’s NBA Career Earnings and Contract Details
Allan Houston accumulated significant earnings during his NBA career. His total earnings amounted to $135.5 million. He played for two teams, and his earnings breakdown is as follows:
- Detroit Pistons (1993-1996): $2,869,000
- New York Knicks (1996-2005): $132,655,792
His most lucrative contract was a six-year, $100.387 million deal with the New York Knicks from 2001 to 2006, averaging an annual salary of $16,731,250. Before that, he signed a five-year, $35 million contract with the Knicks from 1996 to 2000, which provided an average salary of $7 million per year. His rookie contract with the Pistons from 1993-1995 was for three years at $2,869,000.
Here’s a breakdown of his annual salaries with the New York Knicks:
- 2006-07: $20.7 million
- 2005-06: $19.1 million
- 2004-05: $17.5 million
- 2003-04: $15.9 million
- 2002-03: $14.3 million
- 2001-02: $12.8 million
- 2000-01: $9 million
- 1999-00: $8 million
- 1998-99: $4.3 million
- 1997-98: $6 million
- 1996-97: $5 million
Allan Houston’s Real Estate and Business Ventures
Beyond his NBA earnings, Allan Houston has ventured into real estate and other business opportunities, contributing to his $55 million net worth. In 2015, he listed his 19,300 square foot home in the Conyers Farm gated community for $19.9 million. This property, custom-built in 2006, features amenities such as a heated pool, sauna, spa, golf practice area, indoor basketball court, and a professional gym. In 2019 and 2020, the mansion was relisted for $16 million and $19.5 million respectively. The property included 7 bedrooms and 10 marble-clad bathrooms, indoor cherry wood basketball court, marble steam room, tiered movie theater, and a billiards room with a wet bar.
Houston also co-owns the UNK NBA clothing brand and has been involved in various business ventures. He founded FISLL (Faith, Integrity, Sacrifice, Leadership, Legacy), a social impact brand and leadership mentoring program, partnering with colleges and universities. Houston also serves as the general manager of the Westchester Knicks, the New York Knicks’ G League affiliate, further solidifying his influence in basketball management.
Allan Houston’s Early Life, Career Highlights, and Philanthropy
Born on April 20, 1971, in Louisville, Kentucky, Allan Houston was raised in a basketball-centric environment. His father, Wade Houston, was a college basketball coach. Allan’s early life included leading Ballard High School to a state championship in 1988. He played college basketball at the University of Tennessee under his father’s coaching, becoming the school’s all-time leading scorer; his #20 jersey was retired in 2011.
Drafted 11th overall by the Detroit Pistons in the 1993 NBA Draft, Allan Houston quickly made an impact, averaging 8.5 points per game in his rookie season. By 1996, he joined the New York Knicks, where he became a key offensive player. Houston was a two-time NBA All-Star (1999, 2000) and an Olympic gold medalist at the 2000 Summer Olympics in Sydney. He played a crucial role in the Knicks’ 1999 NBA Finals appearance. His career NBA statistics include 17.3 points per game over 12 seasons.
Allan Houston has also made significant contributions through his foundation, the Allan Houston Foundation. The foundation promotes education, leadership, and community engagement. He supports at-risk youth by providing resources and guidance for academic and life success. Houston’s charitable efforts extend to initiatives promoting healthy living, wellness, and family support.
